Altcoin Season Index at 28: Understanding Bitcoin’s Dominance

The cryptocurrency market is currently experiencing a ‘Bitcoin season,’ as indicated by the Altcoin Season Index, which sits at 28. This score reveals that Bitcoin has been the dominant performer, leading to a notable underperformance of most altcoins. For those following crypto investment trends, understanding this dynamic shift is crucial for informed decision-making. This article will delve into the significance of the index, its implications for investors, and strategies to navigate this market phase.